FHE performed well today. From the price level of 0.10518, it increased by 31.13% over the past 24 hours. The trading volume reached 278 million, and the open interest in contracts is also growing, indicating that new money is truly entering the market, not just a false rebound caused by short sellers forced to close positions.

Technically, let's first look at the lower side. The short-term support is around 0.09250, which was the consolidation platform before a volume-driven rally. The resistance above is at 0.12800, which is the lower boundary of previous dense trading activity.

How to operate? If the price retraces to the support level and trading volume diminishes at the same time, it might be a good opportunity to enter gradually. Conversely, if the price breaks through 0.12800 with high volume, there is a chance to push towards 0.15000. However, be cautious, as rapid pullbacks in such high-volatility markets can happen at any time.

FHE is based on fully homomorphic encryption technology, belonging to the privacy computing sector. In simple terms, it allows data to be processed and computed while encrypted, with results viewable but original information kept confidential—similar to placing data in a bulletproof safe where only the outcome can be seen, not the contents.

From a token perspective, information disclosure is limited, and the plans for circulation and unlocking are not very clear. The true value of this privacy technology ultimately depends on whether projects in the ecosystem actually use its services. Honestly, market demand for privacy is still mostly at the level of transaction mixing. Whether it can be applied to complex on-chain data calculations remains uncertain. Whether FHE technology can be practically implemented and meet market needs is something to watch in the long term. In the short term, this price increase is mainly driven by capital enthusiasm. Don’t just look at the rise; think carefully whether you are chasing the hype or optimistic about the technological prospects.